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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.68-4.7%Nov 20 3:59 PM EST

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To: Rocket Scientist who wrote (5888)7/21/1999 7:50:00 AM
From: CMon  Read Replies (1) of 29987
 
<<Countless postings and any cursory thought on the subject indicate that G* phones will work like regular cell phones in areas that have cell service>>

That's true, Rocket dude. But GSTRF will see none of the revenue when the phones are used as cell phones. GSTRF only gets revenue when the phone is used in satellite mode. Without arguing how many minutes of such demand there will be, it's nevertheless important to understand that this part of their model is premium price "gap coverage".
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